2023
Exports
$5.14MWorld Rnk 85 / 184
Flag Rnk 97 / 1096
2023
PRODUCT COMPLEXITY IN Other Small Iron Pipes
-0.65Rnk 747 / 1025
2023
Imports
$70.9MWorld Rnk 68 / 223
Flag Rnk 123 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $5.14M in Other Small Iron Pipes, making it the 85th largest exporter of Other Small Iron Pipes in the world. At the same year, Other Small Iron Pipes was the 97th most exported product in Nigeria. The main destination of Other Small Iron Pipes exports from Nigeria are: Niger ($1.73M), Senegal ($1.71M), Benin ($723k), South Korea ($495k), and Ghana ($452k).

The fastest growing export markets for Other Small Iron Pipes of Nigeria between 2022 and 2023 were Senegal ($1.31M), Niger ($1.13M), and Benin ($664k).

Imports In 2023, Nigeria imported $70.9M in Other Small Iron Pipes, becoming the 68th largest importer of Other Small Iron Pipes in the world. At the same year, Other Small Iron Pipes was the 123rd most imported product in Nigeria. Nigeria imports Other Small Iron Pipes primarily from: China ($52.7M), United Arab Emirates ($4.72M), Turkey ($3.73M), India ($2.77M), and South Korea ($2.36M).

The fastest growing import markets in Other Small Iron Pipes for Nigeria between 2022 and 2023 were United Arab Emirates ($4.49M), Turkey ($1.11M), and United States ($449k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Small Iron Pipes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.14M
IMPORTS (2023)$70.9M
NET TRADE (2023)-$65.8M

In 2023, Nigeria exported $5.14M in Other Small Iron Pipes. The main destinations of Nigeria exports on Other Small Iron Pipes were Niger ($1.73M), Senegal ($1.71M), Benin ($723k), South Korea ($495k), and Ghana ($452k).

In 2023, Nigeria imported $70.9M in Other Small Iron Pipes, mainly from China ($52.7M), United Arab Emirates ($4.72M), Turkey ($3.73M), India ($2.77M), and South Korea ($2.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Small Iron Pipes EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Senegal$1.31M (328%)
Niger$1.13M (190%)
Benin$664k (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Small Iron Pipes BY Nigeria WERE (2022 - 2023):
Ghana-$277k (-38%)
United States-$4.55k (-100%)
India-$19 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Other Small Iron Pipes were:
In 2023, Nigeria's main importing competitors in Other Small Iron Pipes were:

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Trade Value of Other Small Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGhana+ $287k
TOP IMPORT POTENTIALIndia+ $5.31M

Other Small Iron Pipes’s highest export potential is Ghana. With an export gap of $287k.   Other Small Iron Pipes’s highest import potential is India with an import gap of $5.31M.

See methodology.

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